CASIGRANGI made an offer to acquire remaining 24.93% stake in Société Française de Casinos Société Anonyme (ENXTPA:SFCA) from Circus Casino De Carnac and others for €2.2 million on April 1, 2021. Under the terms, CASIGRANGI will acquire a maximum number of 1,269,363 shares of Société Française de Casinos Société Anonyme at €1.7 per share in cash. The consideration will be fully financed by Groupe Philippe Ginestet, through a partner's current account for the benefit of the offeror, the reimbursement of which will be ensured by means of a loan concluded between offeror and a banking syndicate. It is expected that the loan will be refinanced at the end of the offer by dividend distributions from Société Française de Casinos Société Anonyme. As of April 1, 2021, CASIGRANGI directly and indirectly holds 2,440,659 shares representing 75.07% stake in Société Française de Casinos Société Anonyme. If the offeror holds more than 90% of the share capital and voting rights of Société Française de Casinos Société Anonyme following this offer, the offeror intends to request the implementation of a squeeze-out procedure and it will will result in the delisting of Société Française de Casinos Société Anonyme. The offer and the Draft Offer Document remain subject to review by the AMF. As on April 1, 2021, the terms of the offer were approved by the Board of Directors of Société Française de Casinos Société Anonyme. The offer period starts from April 29, 2021 to May 12, 2021. ODDO BHF SCA acted as transfer agent to CASIGRANGI.